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Re: pantherj post# 79513

Wednesday, 04/17/2024 8:26:08 PM

Wednesday, April 17, 2024 8:26:08 PM

Post# of 80760
🏆️ 🏆️ How did $102.000 in inventory disappear with no record? The last report filed shows that existing inventory fell from $120,000 of feed stock to $18,000 in a year ... even though there were only $20,000 of sales in the entire year. So, $102,000 of inventory disappeared with no explanation. If this were a genuine company there would be either a detailed explanation or a thorough investigation in which heads would roll.

There are only three possibilities. A) The inventory was given out freely to ranchers/farmers to use so that IFUS could claim it was shipping product, B) The inventory never actually existed, C) The inventory was sold but Walther stuffed his pocket with the proceeds and did not report them as required. This fits right in with Walther's well known and long term propensity of defrauding shareholders and embezzlement.

OPEN YOUR EYES!! IFUS is a naked con job with longtime con artists at its head.